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Solution

Risk Management & Compliance

Know your customer, control your dates, close your periods

BVN and NIN verification with match scoring, credit bureau checks, account blocks, backdating controls, closed accounting periods and the figures your monthly CBN and NDIC returns need.

Compliance is built into the workflow rather than bolted on. BVN (basic and advanced) and NIN checks run at onboarding with an automatic match score and a retained verification history. Credit bureau summaries and scores are pulled inside the loan application and printed for the credit committee.

Operational risk is controlled with account blocks, per-customer overdraft limits, a three-layer posting-date rule (never future-dated, an optional backdating window, never into a closed period) and period closure that no user or setting can override. Financial statements, loan and deposit ledgers and branch reports supply the figures for monthly regulatory returns; a direct return-file export is on the roadmap.

What it does

  • BVN basic and advanced verification with match scoring
  • NIN and identity verification centre with full history
  • Credit bureau summary and credit score inside the loan workflow
  • Account blocks: full, debit-only or credit-only, with reason and audit
  • Never future-dated; administrator-controlled backdating window
  • Closed periods enforced for every user
  • Ledgers and statements that feed monthly CBN / NDIC returns

How it works

  1. 1

    Verify identity at onboarding; the result stays on the customer file.

  2. 2

    Run the credit check before approval; the PDF stays on the loan file.

  3. 3

    Set the backdating window and close periods from Administration.

  4. 4

    Print the statements and ledgers your returns require.

Related

Works together with

See Risk Management & Compliance on a live demo

A live demonstration on a sandbox with sample data, then a free two-day data assessment for a fixed go-live date.

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